Question:

Eva invests $8000 in a new savings account which earns 4.8%

Last updated: 7/19/2022

Eva invests $8000 in a new savings account which earns 4.8%

Eva invests $8000 in a new savings account which earns 4.8% annual interest, compounded semi-annually. What will be the value of her investment after 7 years? Round to the nearest cent.